Deep thoughts of Hugh Hendry

[Ivanovich]

http://www.zerohedge.com/article/deep-thoughts-hugh-hendry-eclecticas-latest

You do yourself a disservice if you do not read this lengthy, but masterfully insightful piece of commentary.

Hat tip, ZH.

 

[makloda]

Good ole' Hugh appears to speak in more convoluted language the more the markets disagree with his thesis. I had trouble understanding what the hell he was trying to say, but it doesn't seem he changed his tune too much.

 

[stoxx4shortrun]

How is he doing this year ?
His ego was severely inflated last year.

 

[makloda]

He's down around 7% YTD (EUR fund).

 

[stoxx4shortrun]

That must feel terrible to be down on a year like this , I almost feel depressed because I am not up 40% !